General Retail For Sale • 1,943 SF
Brand-new 20-year absolute NNN lease |
10% rental increases every 5 years during the primary term and option periods |
Hard corner location with significant visibility on Memorial Drive – 25,369 VPD |
Strong franchisee guaranty – HZ Coffee Group, LLC (150+ locations in TX, FL, and UT) |
Affluent residential demographics – average household incomes of $120,367 within a 1-mile radius of the subject property |
Adjacent to Kroger supermarket and surrounded by other major national retailers including McDonald’s, Chick-Fil-A, Raising Cane’s, and Chase Bank |
Cap Rate: | 4.85 % |
Airport | Drive | Walk | Distance |
---|---|---|---|
William P Hobby | 44 min | - | 28.9 mi |
George Bush Intcntl/Houston | 39 min | - | 30.2 mi |